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Stock Market & Financial Investment News

News Breaks
January 17, 2012
08:09 EDTSE
theflyonthewall.com: Spectra Energy secures two shippers for Its TEAM 2014 Expansion
Spectra Energy's Texas Eastern Transmission, LP announced it has reached binding agreements with two anchor shippers for its TEAM 2014 project, an expansion of its existing Texas Eastern system to deliver additional emerging Appalachian shale natural gas supplies to diverse markets in the Northeast, Midwest and Southern U.S. These commitments provide sufficient market support to proceed with the development of the TEAM 2014 project. Texas Eastern will solicit interest from additional shippers through a binding open season, which will commence today and end Feb. 17. :theflyonthewall.com



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May 22, 2012
12:01 EDTSE
theflyonthewall.com: Spectra Energy receives FERC approval for New Jersey-New York expansion project
Spectra Energy Corp yesterday received approval from the Federal Energy Regulatory Commission for its New Jersey-New York Expansion Project, which will transport new, critically needed natural gas supplies to high demand markets in northern New Jersey and New York City. The 20-mile expansion of the Company's Texas Eastern Transmission and Algonquin Gas Transmission interstate pipeline systems, the New Jersey-New York Expansion will provide 800 million cubic feet per day of additional capacity to the region once completed in 4Q13. During the planning and construction phases of the project, more than 5,200 direct and indirect jobs will be created in and around local host communities. :theflyonthewall.com

May 14, 2012
15:58 EDTSE
theflyonthewall.com: Spectra Energy progressing on $1.5B expansion in B.C.

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